CMA Chief exec: Crack downs on tech monopolies will safeguard London’s competitive edge October 21, 2021 Effective competition is the lifeblood of a thriving economy. The chance to succeed with hard work and a good idea is a source of hope, and opportunity to entrepreneurs everywhere. While monopolies stifle innovation and focus on protecting their existing profits, competition leads to vibrancy and new ideas. Ensuring digital markets are competitive is a [...]
A rising tide lifts all boats, and London is providing the most obvious bouyancy April 22, 2022 It might be too much to expect a thank you from the rest of the country – but London and the south east can be entitled to feel a little hard done by our polling of the rest of the country’s attitude towards the region’s economic input. Those who have made their lives in the [...]
Exclusive: Sanctioned Russian bank to vote in City of London Corporation election March 22, 2022 Russia’s second largest bank VTB Bank will get a share of votes in the City of London Corporation election on Thursday, despite being severely sanctioned by the UK government. The powerful local authority allows businesses located in the City to have a certain number of votes, depending on how many staff they have, as only [...]
London tech firm unveils first UK smartphone in five years March 23, 2022 London-based tech firm Nothing has announced plans to launch the first UK smartphone in five years as it looks to challenge the dominance of Apple and Samsung.
London’s top indexes struggle for direction on tame day in City March 24, 2022 London’s top indexes struggled to squeeze out any gains today on a tame day of trading in the City. The capital’s premier FTSE 100 index edged 0.09 per cent higher to 7,467.38 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.52 per cent [...]
Dark clouds gather over the City as staggering 136 London-listed companies issue profit warnings July 18, 2022 As cost inflation bites and more and more Brits start thinking about their spending, a growing number of London-listed companies have issued a series of profit warnings this year. In fact, the number of firms which issued the warnings – always a headache for shareholders – jumped by 66 per cent in the first six [...]
Bargain Hunt: After Ted Baker, foreign buyers set to continue swoop on cheap London-listed firms August 17, 2022 Lawyers expect further corporate raids on the capital’s listed businesses after Ted Baker became the latest to be picked off by foreign, private firms.
Graft Polymer to list on London Stock Exchange December 22, 2021 Graft Polymer has announced its intention to list on the London Stock Exchange, where it will look to trade on the main market for listed securities.
Sadiq Khan pledges to eliminate rough sleeping by 2030, if re-elected April 15, 2024 Sadiq Khan has pledged to eliminate rough sleeping in London by 2030, if re-elected as mayor of London.
Transport for London warns of potential bankruptcy as funding crisis deepens February 19, 2022 Transport for London (TfL) may have to declare itself bankrupt if the government does not say whether it will cough up fresh funding in the coming days, the Mayor’s office has said.